LFG AMA

MonkeyDex: A Comprehensive DEX Solution

• MonkeyDex aims to be a comprehensive decentralized exchange (DEX) solution, supporting over 12 chains, cross-chain bridges, and features like copy trading.
• The project's goal is to contribute to decentralization by allowing users to hold and control their assets, avoiding the risks associated with centralized exchanges.
• MonkeyDex supports various chains, including Ethereum, Solana, BNB, and more. It offers native swaps, limit order trading, and is working on a copy trading solution.
• The platform has a gamification aspect, rewarding users with tokens for trading and participating in leaderboards and daily lotteries.
• MonkeyDex faced challenges during its minting phase but continued building and adding value to the platform, leading to increased traffic and volume.
• The project plans to raise funds to expand the team, provide salaries, and scale the business. The MonkeyGold (MoGo) token is tied to the platform's revenue, with a buyback and burn mechanism.

Sourceful: Democratizing Energy Resources

• Sourceful aims to democratize energy resources, allowing homeowners to contribute to a more sustainable energy system via a decentralized platform.
• The project focuses on connecting small-scale solar installations to the grid, enabling better data sharing and control.
• Sourceful's approach is similar to Helium, rewarding users for building the network and providing energy services.
• The platform plans to support various energy services, starting with proof of control for ancillary services and potentially expanding to peer-to-peer energy trading.
• Sourceful's tokenomics is inspired by Helium, with a utility token that rewards users for contributing to the network and will be used for energy services.
• The project is in discussions with energy companies and aims to integrate with existing systems while bringing a web3 approach to the energy sector.

Uprock: Monetizing Idle Bandwidth

• Uprock is a decentralized network that allows users to earn tokens by sharing their idle internet bandwidth.
• The network has over 500,000 users who utilize the tokens for real-world perks such as flights and airtime minutes.
• Uprock's network integrates with various decentralized projects, providing a platform for users to sell their bandwidth for different use cases like website monitoring, data crawling, and AI queries.
• The project emphasizes user security and privacy, ensuring that the traffic routed through devices is encrypted and the users' browsing data remains inaccessible.
• Uprock aims to democratize access to the internet and data by enabling users to monetize their unused bandwidth, potentially providing a passive income source that can cover their internet bills or other expenses.